Condo fees, what do they pay for?

Real Estate

     Most condo buildings in Ocean City have condo fees.They are usually paid monthly or quarterly. You pay the condo management company or the building has it's own management company.
The fees pay for :

 1.Master Insurance policy for the whole building (includes flood). Condo owners only need HO6 policies, don't need home owners. 

 2. Exterior maintenance of the building , landscaping, elevator maintenance or replacement, pools, tennis courts, fitness ctr, the management company cost.  Some buildings also pay for cable, gas and water with condo fees. have more questions, call me anytime, 443-333-6310